Page 128 - Cyber Defense eMagazine August 2024

How Has Video Analytics Enhanced Security and Efficiency?

By Harshada Dive, Senior Writer, Allied Market Reasearch

In recent years, video analytics has significantly transformed the interpretation and utilization of visual
data. Through advanced algorithms and artificial intelligence methods, video analytics can perform tasks
such as object detection, tracking, behavior analysis, facial recognition, and anomaly detection on
recorded or live video streams. The primary objective is to convert raw video data into valuable insights
applicable across various domains such as retail, healthcare, transportation, and security.

This advanced technology enhances surveillance, improves operational efficiency, and strengthens
security protocols. By utilizing AI and machine learning, organizations can now extract insights from video
content that were previously out of reach, enabling data-driven decisions and enhancing performance.
According to a recent report published by Allied Market Research, the global video analytics industry is
anticipated to showcase a remarkable CAGR of 22.7% during the forecast period.

The evolution of video management systems through IP-based surveillance and advanced analytics

There has been a notable surge in the adoption of IP-based surveillance systems, driven by the
availability of high-resolution IP cameras and network video recorders (NVRs). This growth is further
attributed to the expansion of IP infrastructure, increased tele-density, and a growing demand for remote

Cyber Defense eMagazine – August 2024 Edition 128
Copyright © 2024, Cyber Defense Magazine. All rights reserved worldwide.